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Brigit partnered with Savvy Insurance Solutions Cowbell raised $60M POE-MA INSURANCES partnered with Wakam POE-MA INSURANCES partnered with Groupama POE-MA INSURANCES picks Babel Cover in Sales Insuritas partnered with Odie Pet Insurance Solar Insure partnered with Zurich North America InsurX raised $2.58M Pouch Insurance picks Fleetr in Claims Old Mutual Insure picks LCP InsurSight in Admin Markel picks Mea Platform in Admin Saison Insurance picks Guidewire in Admin District Cover raised $7M Martello Re raised $935M Martello Re raised $360M

Nationwide planning 5% cut to workforce over the next year

By Avi Ben-Hutta

The cuts will impact the P&C business.

Investments

Latú Seguros raises $6.7 million

By Avi Ben-Hutta ·

The startup is focused on companies operating in Brazil.

Amazon is shutting down Amazon Care

By Avi Ben-Hutta ·

Amazon Care was launched in 2019.

Investments

Fair Square Medicare raises $15 million

By Avi Ben-Hutta ·

Fair Square Medicare currently operates in 49 states and Washington D.C.

Product

Introducing WAX Credit

By Shefi Ben-Hutta ·

Because going beyond Insurance is insurance.

Business

Layoffs at Loop

By Avi Ben-Hutta ·

The MGA, which is available in Texas and celebrated its 1-year anniversary of selling its first policy this month.

Investments

Petfolk raises $40 million

By Avi Ben-Hutta ·

Petfolk was launched in 2020.

Product

Trean increases surplus with $50 million surplus notes offering

By Coverager ·

Trean underwrites specialty casualty insurance products both through its program partners and its own managing general agencies.

Strategy

Marsh launches insurance facility for green and blue hydrogen project risks

By Coverager ·

Marsh’s facility is backed by a panel of global insurers, led by Liberty Specialty Markets and AIG.

Member News

Green Doors Property Management Platform Selects Insurtech Leader Obie as Partner

By Aaron Letzeiser ·

Obie is partnering with Green Doors Property Management to provide simple and transparent insurance quotes for investors. Green Doors users can get instant insurance quotes without leaving the Green Doors platform.

Investments

Qloo raises $15 million

By Avi Ben-Hutta ·

AXA Venture Partners participated in the round.

Business

Accelerant launches $175 million sidecar investment vehicle Flywheel Re

By Coverager ·

Accelerant was founded in 2018 to rebuild the way that underwriters share and exchange risk.

Member News

Ledgebrook Chooses Socotra to Transform the Wholesale Broker Experience

By Socotra ·

The latest in Socotra’s growing roster of innovative customers, Ledgebrook has ambitious plans to modernize E&S lines of insurance Socotra, the modern core platform provider for innovative insurers, today announced...

Business

Tier Mobility lays off 180 employees

By Avi Ben-Hutta ·

Founded in 2018, the Berlin-based startup offers e-scooters, e-bikes and e-mopeds in ~21 countries.

Business

Hub launches Hub FinPath

By Coverager ·

HUB FinPath is a financial wellness service.

Product

FairPlay launches AI bias detection product for the insurance industry

By Gabriella Ben-Hutta ·

FairPlay's new Input Intelligence tool will help insurance companies review their data for bias, ensuring they are not proxies for protected characteristics such as race or gender.

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Member News

Cambridge Mobile Telematics Announces New Tokyo Office

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

Planning for the future: Building an agency succession plan

By Vertafore ·

2024 AI Handbook for Insurance Leaders

By Appian, Appian ·

Applied Systems Acquires Planck

By Lauren Malcolm, Applied Systems ·

Taiwan's Earthquake Proves Prevention Really Is the New Solution

By AgentSync, AgentSync ·

GradGuard Network of Colleges and Universities Surpasses 600 School Partners

By John Fees, GradGuard ·

Introducing Clive™: The Insurance Industry’s First AI-Powered Claims Adjuster

By Oded Barak, Five Sigma ·

Insurance sector braces for another severe hurricane season

By Vertafore ·

CAPE Analytics and EagleView Announce Long-Term Imagery Collaboration Expanding Coverage, Recency, and History Across CAPE Property Intelligence Products

By Kayvan Farzaneh, Cape Analytics ·

How Mature Is Your Claims Process?

By Appian, Appian ·

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